Zings Of The Day (URBN, BKS)

Urban Outfitters Inc.'s URBN shares were hit hard today, as fiscal fourth-quarter profit unexpectedly fell 3.1% on weaker margin and a higher tax payment, and lower revenues. I guess hippie's have to pay taxes too.

Barnes & Noble Inc's BKS has not been able to find a buyer, as potential suitors question the bookseller's ability to compete against rivals. If the company charged poor college kids and wanna be writers who just sat in the store all day, it would be filthy rich.

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Posted In: EarningsNewsGuidanceM&AApparel RetailConsumer DiscretionarySpecialty Stores
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